New Zealand startup launches funding round to bring Scope 3 emissions reporting software to Australia

Published 05:44 on September 6, 2024  /  Last updated at 09:02 on September 6, 2024  / /  Asia Pacific, Australia, New Zealand

A New Zealand climate tech startup has launched a seed round of NZ$650,000 ($400,000) in the hopes of expanding its Scope 3 emissions reporting software into Australia, and eventually the UK. 

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CP Daily: Thursday September 5, 2024

Published 03:40 on September 6, 2024  /  Last updated at 03:40 on September 6, 2024  /  Newsletters

A daily summary of our news plus bite-sized updates from around the world.

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WCI Markets: Traders take profits in CCAs, WCAs ease post auction

Published 03:04 on September 6, 2024  /  Last updated at 03:04 on September 6, 2024  / /  Americas, Canada, US

California Carbon Allowance (CCA) prices gave back early week gains as options churn continues to drive short-term volatility, while Washington Carbon Allowances (WCA) slipped after this week’s third quarter auction.

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Australia’s Climate Change Authority to hold off advising 2035 target until after US election

Published 02:05 on September 6, 2024  /  Last updated at 05:48 on September 6, 2024  / /  Asia Pacific, Australia, Climate Talks, International

The Chair of Australia’s Climate Change Authority (CCA) has told local media it will not provide its official advice regarding the country’s 2035 Nationally Determined Contribution (NDC) until after the US election, media reported Thursday.

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Global asset manager acquires US-based emissions reduction tech firm in data centre investment play

Published 01:59 on September 6, 2024  /  Last updated at 01:59 on September 6, 2024  /  Americas, US, Voluntary

A major global alternative asset manager has acquired a company specialising in emissions reduction technology, in an investment play targeting the sharp rise in power demand from data centres.

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Achieving net zero can only happen “at the speed of trust”, says report

Published 01:14 on September 6, 2024  /  Last updated at 01:14 on September 6, 2024  / /  Americas, Asia Pacific, Australia, International, US, Voluntary

Establishing the infrastructure needed for a net zero world, such as carbon capture and storage (CCS), can only take place if trust is established among key stakeholders, according to a report authored by an engineering consultancy and academic researchers.

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Germany-based forest management firm branches out with new CEO from South Pole

Published 01:05 on September 6, 2024  /  Last updated at 01:05 on September 6, 2024  /  Bavardage, EMEA, Nature-based, Voluntary

A German-based forest management and investment firm has tapped a senior South Pole executive as its new chief executive.

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Three out of four people believe causing environmental damage should be a crime -survey

Published 01:01 on September 6, 2024  /  Last updated at 09:15 on September 5, 2024  / /  Biodiversity, EMEA, International

Nearly three out of four people in G20 countries believe causing environmental damage should be a criminal offence, according to a survey released on Friday.

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Methane offset developer partners with climate tech firm to enhance digital MRV

Published 00:37 on September 6, 2024  /  Last updated at 00:37 on September 6, 2024  /  Americas, Canada, US, Voluntary

A US-based company focused on plugging abandoned oil and gas wells has partnered with a climate tech network to bolster the digital MRV and standardisation of environmental data used for carbon credit issuances.

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Major US DAC project receives draft CO2 storage permits

Published 00:18 on September 6, 2024  /  Last updated at 00:18 on September 6, 2024  / /  Americas, US, Voluntary

The US Environmental Protection Agency (EPA) published three draft CO2 storage permits associated with a large-scale direct air capture (DAC) facility in Texas on Wednesday, the first such authorisations issued in the state.

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